In a city and industry dominated by big-box home-improvement chains, North Meridian Hardware owner Keith Payne hopes his independent store can build a loyal following among downtown’s denizens.
Marilyn K. Glick, who with her husband Gene B. Glick donated millions of dollars in recent years to civic projects such as the Indianapolis Cultural Trail, died of cancer Friday at the age of 90.
Keenan Hauke of Fishers, who pleaded guilty to securities fraud in December after costing hedge fund clients $7 million, received a 10-year federal prison sentence Friday morning.
The nation's big insurers are spending millions to carry out President Barack Obama's health care overhaul even though there's a chance the wide-reaching law won't survive Supreme Court scrutiny.
N.K. Hurst Co. Inc. sells roughly 20 million packages of dried beans and bean soup mixes a year, from the West McCarty Street packaging plant it has operated since 1938. It has only about 50 employees, but its products are ubiquitous in the grocery industry.
Blue MF is a vodka-and-rum-based liqueur concocted by three Indiana University fraternity brothers turned entrepreneurs. Their firm, Indianapolis-based More Fun Liqueur, launched its signature drink in October and now is seeking investors to help fund expansion.
Ever the junkie for news, behind-the-scenes details, snarky comments and additional perspective—and increasingly unwilling to wait for an evening newscast or morning paper to get my fix—I often sit with my iPhone close at hand, checking feeds from Twitter and Facebook.
Indiana’s legislators couldn’t find it in their hearts to pass a law that would protect vulnerable children against bullying in our schools. But at least 20 of them found the time to do a little bullying of their own.
Developers are catering to nontraditional renters by building units resembling upscale condos.
Cynthia Lane turns the Cabaret at the Columbia Club into a Prohibition-era drinkery for “The Back Room: A Night at the Speakeasy,” March 24. Details here.
The acclaimed Lincoln Center production of “South Pacific” is re-created in a non-Equity tour coming to IU Auditorium March 27-28. Details here.
A free March 26 “Dynamic Duos” faculty concert at the University of Indianapolis features collaborative work. Details here.
Violinist Larry Shapiro performs in a free faculty violin concert March 27 at Butler University’s Robertson Hall. Details here.
NCAA swimming championships being held at the IU Natatorium this week kick off six years of collegiate swimming championships that are expected to generate millions of dollars for the local economy.
Former Indianapolis Colt Peyton Manning’s arrival in Denver is already driving up Broncos ticket prices and improving their odds of winning the Super Bowl.
After being pursued by teams around the NFL, the quarterback with four MVP awards is headed to the land of John Elway and Tim Tebow, agreeing to a contract with Denver that’s expected to be worth about $96 million over five years.
If Peyton Manning succeeds in Denver it will cast a shadow over Indianapolis that Colts owner Jim Irsay will be unable to outrun or outlive.
Indianapolis-based Prosolia Inc. has licensed technology from the estate of John B. Fenn, a chemistry professor who won the 2002 Nobel Prize for developing new mass spectrometry. Prosolia makes instruments that can identify chemicals on paper, skin, fluids and other surfaces. The eight-person firm hopes the technology allows it to launch new products next year to broaden its portfolio. Prosolia CEO Justin Wiseman said the Fenn technology “opens up less-penetrated markets in environmental, security, medical and food chemistry. We foresee several new product innovations from the Fenn technology, which we plan to commercialize in the near future."
Carmel-based CNO Financial Group Inc. has agreed to repay five customers more than $1 million that a former independent insurance agent stole from them, according to a report by A.M. Best Co. Jasmine Jamrus-Kassim sold annuities for Chicago-based Bankers Life and Casualty Co., a subsidiary of CNO Financial. She was arrested in March 2011 after an investigation by Washington state insurance regulators and has now been sentenced to six years in prison. The victims, age 74 to 90, thought the money was being reinvested but Kassim instead spent it to pay for online psychics, clothes, jewelry and a trip to Mexico, according to records from the Washington investigation.
Endocyte Inc. will submit its ovarian cancer drug EC145 for European market approval in the third quarter after the European Commission granted it "orphan drug" status. The submission means West Lafayette-based Endocyte could have its first commercial product as early as 2013. European regulators granted EC145 orphan status because large numbers of women have ovarian cancers that do not respond to typical chemotherapy treatments. And no new drug has been approved to treat ovarian cancer in 10 years. The European Commission also granted orphan status to an imaging agent Endocyte has developed, called EC20, which lights up ovarian tumors in women that have a genetic variation that makes them bond hungrily to folate. That’s important because EC145 is a combination of a powerful chemotherapy agent and folate, so that it enters cancerous cells but does not enter healthy cells. That allows EC145 to be more deadly to cancer, without serious side effects, than patients can tolerate with traditional chemotherapy agents.
A four-physician OB/GYN practice has merged with Indiana University Health Ball Memorial after a long-standing partnership. The Voss Center for Women of Muncie joined the IU Health system March 1. In addition to its four doctors, the practice includes four nurse practitioners. Hospitals are increasingly employing physicians, as financial pressures increase on independent practices and as reimbursement from public and private health plans encourages doctors and hospitals to work more closely to improve patient health.
Peyton Manning wants to play for the Denver Broncos in Act II of his outstanding career. A person briefed on negotiations said the NFL's only four-time MVP called Tennessee Titans owner Bud Adams and told him that he had picked the Broncos.
The homeowners association for the 70-unit Hudson wants the building’s developer, Kosene & Kosene, to pay to repair damage it alleges was caused by faulty construction.
Franklin is planning to raise $120,000 by renting the performing arts center and middle school auditorium this year — six times what the district made in rental fees four years ago.
Indiana would have received nearly $300 million in additional funding if the proposal by Sen. Dan Coats had been successful.
